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Environmental Economist

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What You Need to Know About Environmental Economist

Occupation Description Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

Life As an Environmental Economist: What Do They Do?

  • Demonstrate or promote the economic benefits of sound environmental regulations.
  • Assess the costs and benefits of various activities, policies, or regulations that affect the environment or natural resource stocks.
  • Write social, legal, or economic impact statements to inform decision makers for natural resource policies, standards, or programs.
  • Develop economic models, forecasts, or scenarios to predict future economic and environmental outcomes.
  • Write technical documents or academic articles to communicate study results or economic forecasts.
  • Interpret indicators to ascertain the overall health of an environment.

What Every Environmental Economist Should Know

When polled, Environmental Economists say the following skills are most frequently used in their jobs:

Reading Comprehension: Understanding written sentences and paragraphs in work related documents.

Writing: Communicating effectively in writing as appropriate for the needs of the audience.

Critical Thinking: Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.

Active Listening: Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.

Judgment and Decision Making: Considering the relative costs and benefits of potential actions to choose the most appropriate one.

Active Learning: Understanding the implications of new information for both current and future problem-solving and decision-making.

  • Resource Economist
  • Economist
  • Energy Economist
  • Senior Economist
  • Principal Associate

Environmental Economist Job Outlook

In the United States, there were 21,300 jobs for Environmental Economist in 2016. New jobs are being produced at a rate of 6.1% which is above the national average. The Bureau of Labor Statistics predicts 1,300 new jobs for Environmental Economist by 2026. There will be an estimated 1,600 positions for Environmental Economist per year.

Forecasted Number of Jobs for Environmental Economists in U.S.

The states with the most job growth for Environmental Economist are Alabama, Louisiana, and Washington. Watch out if you plan on working in Wyoming, West Virginia, or Vermont. These states have the worst job growth for this type of profession.

Average Environmental Economists Salary

Environmental Economists make between $58,130 and $182,560 a year.

Salary Ranges for Environmental Economists

Environmental Economists who work in District of Columbia, Virginia, or Maryland, make the highest salaries.

How much do Environmental Economists make in each U.S. state?

State Annual Mean Salary
Alabama $103,740
Alaska $85,970
Arizona $93,350
Arkansas $75,380
California $124,430
Colorado $104,350
Connecticut $95,450
Delaware $86,850
District of Columbia $134,260
Florida $105,230
Georgia $111,570
Hawaii $98,100
Idaho $61,130
Illinois $108,690
Indiana $84,740
Iowa $87,530
Kansas $72,600
Louisiana $103,070
Maryland $116,870
Massachusetts $117,680
Michigan $90,040
Minnesota $81,720
Mississippi $75,450
Missouri $112,240
Montana $89,980
Nebraska $81,010
Nevada $79,170
New Hampshire $74,570
New Jersey $100,500
New Mexico $87,680
New York $127,520
North Carolina $81,470
Ohio $125,490
Oklahoma $76,500
Oregon $87,420
Pennsylvania $87,630
South Carolina $68,550
Tennessee $83,350
Texas $106,480
Utah $88,280
Vermont $96,620
Virginia $126,080
Washington $95,010
West Virginia $68,430
Wisconsin $80,070

Tools & Technologies Used by Environmental Economists

Although they’re not necessarily needed for all jobs, the following technologies are used by many Environmental Economists:

  • Microsoft Excel
  • Microsoft Word
  • Microsoft Office
  • Microsoft PowerPoint
  • Microsoft Outlook
  • Web browser software
  • Microsoft Access
  • MySQL
  • The MathWorks MATLAB
  • SAS
  • Microsoft Visual Basic
  • IBM SPSS Statistics
  • Minitab
  • C
  • StataCorp Stata
  • Wolfram Research Mathematica
  • Formula translation/translator FORTRAN
  • Insightful S-PLUS
  • ESRI ArcGIS software
  • Aptech Systems GAUSS

Becoming an Environmental Economist

What kind of Environmental Economist requirements are there?

Environmental Economist Degree Level

How many years of work experience do I need?

Environmental Economist Work Experience

Environmental Economists Sector

Environmental Economist Sectors

Environmental Economists work in the following industries:

Environmental Economist Industries

References:

Image Credit: Bernard Ladenthin via Public domain

More about our data sources and methodologies.

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